Jito Labs announced the launch of JTX, a self-custodial trading platform for Solana, in a statement shared with The Block on Tuesday. The platform offers spot trading for Solana assets including cbBTC, SOL, HYPE and memecoins, alongside tokenized real-world assets such as equities and exchange-traded funds. According to Jito Labs CEO Lucas Bruder, JTX is designed to close the gap between self-custody and execution quality by combining user-controlled keys with professional-grade order tools typically available only through advanced trading platforms. The rollout follows growing demand for professional trading infrastructure on Solana, as users increasingly seek to trade a wider range of tokenized markets beyond traditional digital assets.
JTX Offers Professional Trading Features with Self-Custody Model
JTX includes professional trading features designed for onchain markets, according to the statement. The platform provides resting limit orders, automated execution, and conditional orders while maintaining self-custody. "Users hold their own keys, settlement happens onchain, and there are no custody tradeoffs," Bruder stated. The platform joins Jito's existing product suite including the Jito Block Engine, JitoSOL, BAM, and the JTO governance token.
Jito Labs Allocates 80% of Trading Fees to JTO Token Buyback
JTX charges a fee on each trade, with 80% of trading fee revenue allocated to the Jito DAO to buy back and burn JTO tokens, per the statement. The remaining 20% is distributed to referrers based on trading activity generated by them or their referrals. This fee structure ties platform revenue directly to the JTO token economics.
Solana Captured 54% of Global DEX Market Share in First Half of 2026
Data from Birdeye cited in the statement shows Solana captured 54% of global decentralized exchange spot market share during the first half of 2026, averaging $425 billion in monthly volume. Tokenized real-world assets on Solana reached approximately $3.3 billion by early July, according to figures cited by Jito Labs. Tokenized equity trading generated $5.77 billion in spot volume during the second quarter, more than seven times the volume recorded in the second half of 2025.
Jito Labs Plans Perpetual Futures and Mobile App Additions
Jito Labs stated it plans to add perpetual futures, prediction markets, and a native mobile app to JTX. Kevin Beardsley, Head of Product for JTX, attributed the rollout to growing demand for professional trading infrastructure on Solana. Bruder previously told The Block that Jito's expansion into consumer-facing trading products targets a new class of onchain users who view themselves as traders rather than crypto-native participants, expecting demand to broaden beyond digital assets as users seek to trade a wider range of tokenized markets.
FAQ
What did Jito Labs announce on Tuesday?
Jito Labs announced the launch of JTX, a self-custodial trading platform for Solana, in a statement shared with The Block on Tuesday. The platform supports spot trading of Solana assets including cbBTC, SOL, HYPE and memecoins, alongside tokenized real-world assets such as equities and exchange-traded funds.
How does JTX distribute its trading fee revenue?
JTX allocates 80% of trading fee revenue to the Jito DAO to buy back and burn JTO tokens, per the statement. The remaining 20% is distributed to referrers based on trading activity generated by them or their referrals.
What market share did Solana capture in the first half of 2026?
Data from Birdeye cited in the statement shows Solana captured 54% of global decentralized exchange spot market share during the first half of 2026, averaging $425 billion in monthly volume.
